The c-suite revamp at Credit Acceptance continued on Wednesday with the appointment of Joe Billante as chief financial officer, effective July 27.

Billante succeeds Jay Martin, who will retire on July 27 after 23 years with the subprime auto finance company.

Credit Acceptance has announced several retirements in recent months, including chief executive officer Kenneth Booth last fall as well as chief analytics officer Arthur Smith and chief sales officer Dan Ulatowski in January.

Credit Acceptance highlighted that Billante brings more than 25 years of executive leadership and finance experience across public company, private equity, and high-growth environments.

Most recently, Billante served as chief financial officer of Barracuda Networks, where he led global finance operations through a period of significant strategic transformation.

Prior to that position, Billante spent 13 years at eBay in a series of increasingly senior finance and business leadership roles, including CFO for eBay’s core European and greater China businesses, and vice president of investor relations and communications where he managed the company’s relationships with institutional investors, buy-side analysts, and shareholders, and led eBay’s first Investor Day in nearly a decade.

Before eBay, Billante spent 11 years at General Electric, including serving as CFO of a global division of GE Healthcare.

“We are thrilled to welcome Joe to Credit Acceptance,” chief executive officer Vinayak Hegde said in the news release. “Joe brings exceptional breadth—from deep operational finance experience at GE, to navigating complex investor and capital markets situations at eBay, to leading a full finance organization as CFO of Barracuda.

“As we continue building a more data-driven, customer-focused, and technology-enabled company, Joe’s background as a true strategic partner — connecting financial discipline to long-term value creation — makes him exactly the right leader for this next chapter. We are confident he will be an outstanding partner to our team and to our shareholders as we continue to execute on our mission of changing lives,” Hegde continued.

Billante added: “Credit Acceptance has built something truly differentiated—a company with a clear and compelling mission, a strong track record, and a culture that people are proud to be part of. I am honored to join this team and look forward to contributing to the Company’s continued success.”

Martin joined Credit Acceptance in 2003 and spent more than two decades as one of the company’s leaders.

“Jay is the embodiment of what Credit Acceptance is about,” Hegde said. “He joined this company over two decades ago and committed himself fully to its mission and its people. His leadership, deep financial expertise, and unwavering integrity have been a gift to this organization. We are enormously grateful for everything he has contributed, and we wish him a well-earned and fulfilling retirement.”

As part of a planned transition, Martin will participate in Credit Acceptance’s Q2 earnings presentation alongside management and remain actively engaged through Aug. 31.

“It has been the privilege of my career to serve Credit Acceptance and its mission of making vehicle ownership accessible to consumers who might not otherwise have that opportunity. I am proud of what our team has built, and I am confident the company is in an exceptional position going forward,” Martin said.

“I am grateful to my colleagues, our leadership, and our shareholders for the trust they have placed in me over the years,” he went on to say.